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|Con Edison’s $1.5B Investment and Technology Get Delivery Systems Ready for Summer|
Energy Efficiency Programs Help Customers Save Money
The energy company has invested
As an example of how the company is using new and evolving technologies, Con Edison is installing a 12-megawatt hour battery system on company-owned land in
The batteries can discharge one megawatt for 12 hours or two megawatts for six hours. A megawatt is enough to power up to 1,000 homes in that area.
The storage project is part of the Brooklyn-Queens Neighborhood Program, in which Con Edison works with customers in certain fast-growing areas to help them reduce their usage.
“By making significant investments in our electric delivery systems and deploying new technologies, we provide the reliable service that our customers count on during sweltering summer days,” said Tim Cawley, president of Con Edison. “We’re also making it easier for our customers to choose energy efficiency, solar and other products and services that can help reduce monthly bills and provide a cleaner environment.”
The investment in upgrades and reinforcements includes 18 network transformers and 74 overhead transformers. The company also is replacing or upgrading 37 underground feeder sections and 136 overhead spans.
Con Edison projects that peak demand for electricity will reach 13,300 megawatts. The record is 13,322 megawatts, which occurred at
The company is always exploring new ways to keep service reliable. Con Edison has installed 1,000 devices in manholes to detect heat and gas in underground structures. By detecting that buildup, the company can make a repair before a cable fails.
Con Edison also takes infrared images of underground cables to look for hot spots that might indicate a repair is needed.
Bill Forecasts, Energy Efficiency, Solar and the Environment
Monthly bills for residential customers in the June-to-September period are expected to be higher than the same period last year, mainly due to higher supply charges, which the company does not control. A smaller portion of the increase is due to higher delivery charges.
A typical New York City residential customer using 350 kilowatt hours per month can expect an 8.4-percent increase from
Monthly bills for business customers are expected to decrease slightly. A New York City business customer using 10,800 kilowatt hours and having a peak demand of 31 kilowatts, can expect average monthly summer bills to decrease from
Supply charges have been relatively low the past three years but are projected in 2018 to return to about the same levels as 2014. Con Edison projects that summer bills will be slightly lower than four years ago.
Customers can save money by using less energy. Con Edison offers customers incentives to make money-saving upgrades to their homes and businesses. For this summer, Con Edison is offering residential customers:
Since 2009, Con Edison’s energy efficiency programs have helped more than 600,000 customers make upgrades that prevent 1.4 million tons of carbon emissions, the equivalent of taking nearly 300,000 cars off the road. The electric upgrades save nearly 1.8 million megawatt hours of usage.
The company also encourages customers to consider whether solar energy is right for them. Customers have completed 19,000 projects that produce 188.7 megawatts of clean, renewable power. That is equal to 254,158 megawatt hours a year, enough to prevent 189,000 tons of carbon emissions, or the equivalent of taking more than 40,000 cars off the road.
The customers who have chosen energy efficiency and solar help Con Edison keep service reliable by lowering the amount of power flowing on the grid at peak times.
Con Edison is a subsidiary of
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Contact: Media Relations
Photos accompanying this announcement are available at
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